This potential move gives the deflation versus inflation debate a new perspective. We have written in the past that we had questions about the Great Depression based on conflicting opinions of Murray Rothbard, Milton Friedman et. al. Living through the...
This is startling news. We will explain. First of all, the reality of Al Qaeda is fairly tenuous. It may stem from a "list" of Arab militant activists that the CIA kept in the 1980s and 1990s. Second, without state funding there cannot really...
The Daily Bell is pleased to present an exclusive interview with Dr. Paul Gottfried. Dr. Gottfried is Raffensperger professor of Humanities at Elizabethtown College (PA) and a Guggenheim recipient. He is an adjunct scholar of the Mises Institut...
One of the hoariest dominant social themes or sub themes promoted by the power elite is that government can create jobs. It is possibly a sub theme because the dominant theme is simply that "government can do it all." In fact, the only things...
We have written about Rand Paul in the past expressing some hesitation about the race he is running. We wondered if he would have done better to use his hard-fought platform as a bully pulpit to educate the public about free-market themes instead of ap...
On the surface it seems shocking that a nation would sell off parts its physical environment because of public sector debts. But this has been going on for a long time in impoverished nations. First profligate nations are lent a lot of money by private...
The more arcane the language, the more opaque the actual stimulative occurrences, the less people understand. That's the point of course. The average person should know only that tremendous and substantive efforts are being made by extremely intell...
In my last letter to you, I described what appears to be an effort on the part of the elitists in Washington to replace American voters with tens of millions of non–English speaking new citizens. Their pla...
Yes, most of my friends have similar political convictions to mine. Actually, not just political but also more general philosophical ones, bearing on the theory of being, knowledge, the human good and even the nature of art. But not all. I do have so...
This fits into one of our observations - that the EU has been using the threat of deflation as a way to promote "austerity," which is actually a way of further impoverishing and controlling what is left of the European middle classes. But we ...